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$235,000

2923 Wausau Avenue, Lubbock, TX, 79407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,640 Sq Ft
price_per_sqft$143.29 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDisposal, Dishwasher, Electric Range, Indoor Grill, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesNone
Lot Size5,904 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR339248
Lot Number5340
SubdivisionUpland Crossing
Land UseResidential
Legal DescriptionUPLAND CROSSING L 534
Census Tract010402
Assessed Land Value$40,000
Assessed Improvement Value$196,708
Assessment Year2025

About this property

Stunning home in Upland Crossing, located within the highly sought-after Frenship School District! This beautifully designed 3-bedroom, 2-bath home with a 2-car garage offers an exceptional blend of style and comfort. The open-concept layout features modern finishes, abundant natural light, and a spacious living area perfect for everyday living and entertaining. The kitchen is a standout with a large island, granite countertops, breakfast bar seating, and generous prep and storage space. Retreat to the oversized primary suite complete with walk-in closets for ample storage. Step outside to enjoy the large fenced backyard and covered patio ideal for gatherings, relaxing, or outdoor entertaining. Don't miss the opportunity to make this incredible home yours!

Investor Tools

$202,560Estimated Mortgage Balance
$34,148Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,420 /month
Positive
Cash Flow Estimate:
$473 /month

Interested in this property?

Kristal Saenz

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,169
$236,708
2025
$40,000
$196,708
$236,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,169
$236,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Infinity Mortgage Holdings Llc
Fha
$212,087
Yes
First
Jan 3, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,560
$34,148
14%
86%
$1,323/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,323/mo
+$102/mo
7.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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2923 Wausau Avenue | Property Details | No Agent List